The British pound tumbled against the dollar Wednesday despite the Bank of England snapping up UK government bonds to try and bring calm to markets.
Sterling dropped 1.5 percent to $1.0570 shortly after the BoE intervention.
Pound slumps against dollar after BoE move
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AFP
Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.